LIVERMORE — Voters will decide on a proposed $1.96 million budget at the annual town meeting Thursday night.

The meeting is set for 7 p.m. June 16 at the Livermore Elementary School.

The spending package reflects an increase of $53,467 over the current year. However, after including revenues, the net proposal for the next fiscal year is about $1 million, which is $19,225 over the net budget this year.

More money is budgeted for heating oil and primarily diesel fuel than in the current budget, town Administrative Assistant Kurt Schaub previously said.

There is also money included to replace the roof on the Fire Department part of the town office. It is estimated to cost $11,000, he said. The town also budgeted more for health insurance because more employees are participating in the town’s health insurance plan.

There are also offsets to the increase that will be factored in, including normal valuation growth, increased departmental revenues and general revenues.

The article that may draw the most discussion is No. 21 that asks voters to consider purchasing a new 10-wheel plow/dump truck for the Highway Department and to borrow money to finance it.

The price listed in the Town Report is not to exceed $185,000, which is the upper limit of the purchase, Schaub said Tuesday.

“We have to use a gross amount in our warrant article, even though we know the net purchase price and borrowing amount will be substantially less,” he said. 

“Since the deadline for getting the article in the Town Report, we’ve learned we can probably get the truck for somewhere in the $115,000 to $120,000 range, factoring in the trade-in value of the Sterling wheeler, which is going to be replaced and more favorable pricing from another dealer.”

Highway Foreman Roger Ferland and crew member Ron Greenwood have collected price quotes, which are not bids, he said.

dperry@sunjournal.com